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CFPB budget woes underscore fundamental problems with bureau’s set up
The Consumer Financial Protection Bureau (CFPB) may run out of money soon, according to news reports. The bureau has been controversial from the start due…
Blog
Katie Porter’s exchange with CFPB’s Kraninger revisited amid new revelations
A recently surfaced clip of former Rep. Katie Porter (D-CA) has sparked a firestorm online. In a newly revealed 2021 video revealed published by…
Blog
The week in regulations: Poultry improvement and painful scars
The federal government shut down on Wednesday. Thursday’s Federal Register had 60 final regulations; normal is about 10. Defense Secretary Pete Hegseth flew in hundreds…
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The Anticipated Consequences of Credit-Card Reform
Op-Eds
Don’t Ban but Expand Them
In proposing his new financial regulations this summer, President Obama pledged to get tough on the big Wall Street banks whose risky practices are…
Newsletter
Swiss bank settlement, Hurricanes, Healthcare debate continues
UBS agrees to turn over to the IRS the names of 4,450 U.S. account holders. …
News Release
UBS Settlement Only a Partial Victory for the Feds
The following is the statement of John Berlau, Director of the Center for Investors and Entrepreneurs at the Competitive Enterprise Institute, in reaction to…
Newsletter
TARP Transparency, Stimulating Recession and Union Arrogance
Congress cites a lack of financial transparency in a report sharply critical of the Troubled Asset Relief Program (TARP) bailout. The economies of Germany and…
Newsletter
Banking Privacy, Media Bias and Sports Betting
Federal officials reach a bank privacy agreement with Swiss bank UBS. The death of news anchor Walter Cronkite sparks debate over the ideal of journalistic…